TL;DR
HB Restaurant Group signed a 49-store development agreement with Papa John's to expand in Philadelphia and southern New Jersey. The deal is Papa John's largest development agreement in two decades.
HB Restaurant Group is a multi-unit franchise group with 43 Papa John’s restaurants in the Mid-Atlantic area. Now the mega operator has signed the pizza brand’s largest development agreement in two decades. The deal calls for HB Restaurant Group to open 49 new stores in Philadelphia and southern New Jersey between 2021 and 2028.
Stuart Hunt, President, HB Restaurant Group, said, “We joined the Papa John’s system a year ago after seeing a tremendous opportunity to invest in and grow with a great brand. We are very excited to extend our growth strategy by developing new stores in a great market like Philadelphia and southern New Jersey. Papa John’s is built on supporting our neighbors where we are located, and we embrace these values. We look forward to becoming an integral part of our communities as we grow.”
Papa John’s has seen sales surge during the coronavirus pandemic with more consumers staying in and ordering out.
Get Started in Franchising
Franchise Rankings & Awards
Franchise Sales & Development
Featured Franchise Stories
Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media.
1201 New York Avenue NW, Suite 300A Washington, DC 20005 PH. (408) 402-5681
Franchisee Financing & Lending
Site Selection & Real Estate
Supply Chain & Procurement
Annual Franchise Development Report
Multi-Unit Franchising Conference
Franchise Growth & Marketing Conference
Franchise Leadership & Development Conference
Multi-Unit Franchisee Magazine
Franchise Update Magazine
Franchise Update Franchisor Report
Franchising Express Report
International Franchise Report
Multi-Unit Franchisee Report
The multi-unit franchise opportunities listed above are not related to or endorsed by Multi-Unit Franchisee or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity.
In this story
This story was originally published in Franchising.com on September 17, 2020. Burnaze summarizes and links to the original reporting.
Read the full story at Franchising.comLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.
